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227 Spruce Ave, Villas, NJ 08251

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -15.46% first-year return on $191k initial cash invested.

-15.46%

Cash On Cash

2.54%

Cap Rate

0.43

DSCR

$4,118

Rent

-$2,461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$824k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,241

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,118

Total Expenses

$6,579

Mortgage P&I

98%

$4,037

Property Taxes

6%

$266

Home Insurance

7%

$298

HOA

0%

$0

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,030

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